While diamonds have become ubiquitous in terms of jewelry, especially for engagements and weddings, many investors still have questions and concerns about using diamonds for investment purposes. That’s particularly true for fancy colored diamonds, which can fetch amazing prices at auction — potential buyers often believe they are only suitable for the very rich, or have concerns about whether such diamonds are safe to use for investment purposes.
In the interview below, Yaniv Marcus, investment strategist at Leibish & Co., a supplier of natural fancy colored diamonds of all colors and sizes, discusses those concerns, also explaining how to store investment-quality diamonds. He ends by touching on how a diamond-trading platform could affect the diamond market.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.